Sale of Non-Core Assets Yields $1.4m for WIN to Advance Gold
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Sale of Non-Core Assets Yields $1.4m for WIN to Advance Gold
WIN Metals Ltd (ASX: WIN) has successfully divested non-core assets to Auric Mining Ltd for $1.4 million, allowing for the advancement of gold assets at the Butchers Creek Gold Project. This transaction includes the sale of nickel rights, infrastructure assets, and access to water, benefiting both parties. With this deal, WIN preserves its nickel resources while Auric gains control over its Munda Gold Mine operations.<br/><br/>The company's total nickel resource inventory now stands at 12.66Mt at 1.43% Ni. WIN Metals is committed to exploring and developing its gold assets in the Kimberley region, alongside evaluating other opportunities. This divestment aligns with strategic goals, enabling continued progress in the Butchers Creek project following successful drilling programs.<br/><br/>Investors are invited to ask any questions about this announcement. Contact Managing Director Steve Norregaard for further information. WIN Metals holds multiple mineral projects in Western Australia, with a focus on gold, nickel, and lithium resources. The company is dedicated to transparent reporting and responsible resource development for the benefit of all stakeholders.
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